NeoMedia Technologies, Inc (NEOM): MocoNews.com Coverage

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Thursday, 12/14/2006 7:38:43 AM

Thursday, December 14, 2006 7:38:43 AM

MocoNews.com Coverage - NeoMedia CEO Resigns; UK Newspaper Group To USe Bacode Tech For Mobile Content

Posted by Rafat Ali Wed 13 Dec 2006 09:39 PM PST

http://www.moconews.net/entry/neomedia-ceo-resigns-uk-newspaper-group-to-use-bacode-tech-for-mobile-...

The controversial mobile content and marketing holding firm NeoMedia, which has shed off some of the companies it bought recently, has made another change: Charles Jensen, the president and CEO resigned Tuesday, and Chairman and founder Charles Fritz assumed the role of interim CEO.

In a conference call in October, Jensen conceded that while Q2 revenue was about $6.6 million, the company loses about $1 million a month.

Meanwhile, in another announcement, UK tabloid The News of the World, part of News Corp newspaper, will use NeoMedia’s barcode mobile-scanning technology Qode to bring mobile content to its readers. It will use Qode mainly to bring TV clips of English Premier League football to its readers via their phones.

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